Brinker International (EAT) has risen sharply, recording gains of 13.05% in the past 4 weeks. However, the stock has corrected -1.1% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 13.28% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 5.33% and the fifty day Moving Average is 10.22%. Brinker International, Inc. is up 17.85% in the last three month period. Year-to-Date the stock performance stands at 12.65%.
Brinker International (EAT) : The consensus price target for Brinker International (EAT) is $53.13 for the short term with a standard deviation of $4.55. The most optimist securities analyst among the 8 who monitor the stock believes that the stock can reach $60, however, the pessimist price target for the company is $47.
Brinker International (NYSE:EAT): On Fridays trading session , Opening price of the stock was $54.21 with an intraday high of $54.25. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $53.07. However, the stock managed to close at $53.29, a loss of 1.91% for the day. On the previous day, the stock had closed at $54.33. The total traded volume of the day was 808,758 shares.
Brinker International, Inc. (Brinker) owns, develops, operates and franchises the Chilis Grill & Bar (Chilis) and Maggianos Little Italy (Maggianos) restaurant brands. At September 24, 2014, the Company owned, operated or franchised 1,622 restaurants in the United States and 29 countries and two territories outside of the United States. Chilis operates in the Bar and Grill category of casual dining. The Company has operations around the world, with locations in 32 foreign countries and two United States territories. Maggianos is a full-service, casual dining Italian restaurant brand. Its Maggianos restaurants feature individual and family-style menus, and its restaurants also have banquet facilities designed to host party business or social events.